Should You Buy Intuit Inc. (INTU) Stock After it Has Risen 3.17% in a Week?

Intuit Inc. (INTU) stock has risen 3.17% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Intuit Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on INTU!

See Full INTU Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With INTU Stock Today?

Intuit Inc. (INTU) stock is trading at $547.97 as of 11:56 AM on Friday, Oct 15, a rise of $4.19, or 0.77% from the previous closing price of $543.78. The stock has traded between $543.27 and $550.80 so far today. Volume today is below average. So far 342,918 shares have traded compared to average volume of 1,105,662 shares. To see InvestorsObserver's Sentiment Score for Intuit Inc. click here.

More About Intuit Inc.

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software. Click Here to get the full Stock Report for Intuit Inc. stock.